516 7th St, Lake Oswego, OR 97034
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
516 7th St,Lakeoswego, OR 97034
$1,425,000
- 3 Beds
- 2 Baths
- 1,997 sq. ft.
- Single family
- Pending
Listed by: steve odermann, bekah mcguire
Office: luxe forbes global properties503-389-2112
MLS#:248208838
Source:PORTLAND
Price summary
- Price:$1,425,000
- Price per sq. ft.:$713.57
About this home
Perfectly positioned in the heart of First Addition, this architecturally distinctive custom residence offers a rare opportunity to experience design-forward living in one of Lake Oswego’s most coveted walkable neighborhoods. Just moments from downtown’s acclaimed restaurants, boutiques, coffee shops, parks, and the beloved Saturday Farmers’ Market, the home delivers a lifestyle that is both vibrant and effortlessly convenient.A rarity for the neighborhood and price point, the home’s custom architecture creates a remarkable sense of volume and openness rarely found in similarly sized residences. At its center, a dramatic vaulted great room is illuminated by thoughtfully placed skylights that draw natural light throughout the living spaces, creating an atmosphere that feels both expansive and inviting. The great room flows seamlessly to a covered outdoor living area, beautifully landscaped backyard, and established gardens, encouraging year-round indoor-outdoor living. A striking floating staircase serves as both an architectural statement and sculptural focal point, ascending to a versatile loft space and private upper-level primary retreat. The result is a home that balances architectural interest with exceptional everyday livability. The flexible floor plan offers options for a variety of lifestyles. Two main-level bedrooms separated by a full bath provide ideal accommodations, while also presenting an intriguing opportunity for future conversion into an expansive main-level primary wing. Thoughtfully maintained and updated, the sellers have recently completed a full interior repaint, installed a new heat pump as part of a comprehensive HVAC upgrade, modernized the electrical system with a new service panel designed to support electric vehicle charging and today’s technology demands. For buyers seeking architectural character, abundant natural light flexible living spaces, meaningful updates, and exceptional walkability, this is a truly unique opportunity!...
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Home facts
- Year built:1962
- Listing ID #:248208838
- Added:6 day(s) ago
- Updated:June 18, 2026 at 07:41 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Built In Range, Dishwasher, Disposal, Free Standing Refrigerator, Gas Appliances, Granite
- Basement Description:Crawl Space
- Living area:1,997 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Roof:Composition
- Year built:1962
- Building area:1,997 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Level
- Architectural Style:Contemporary
- Exterior Features:Covered Patio, Fenced, Yard
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Lake Oswego
- Middle school:Lake Oswego
- Elementary school:Forest Hills
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$713.57
- Tax amount:$10,377 (2025)
Features and amenities
- Amenities:Ceiling Fan, Double Pane Window(s), Garage Door Opener, Hardwood Floors, High Ceilings, Laundry, Vaulted Ceiling, Wall To Wall Carpet
Parking
- Total parking spaces:1
- Parking description:Driveway, On street
- Garage spaces:1
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